News headlines about Morgan Stanley (NYSE:MS) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Morgan Stanley earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.1825491584217 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have effected Accern’s rankings:
Morgan Stanley (NYSE:MS) traded up $0.27 during midday trading on Thursday, hitting $54.20. 8,309,920 shares of the company were exchanged, compared to its average volume of 7,990,000. Morgan Stanley has a fifty-two week low of $40.06 and a fifty-two week high of $54.48. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 2.68. The firm has a market capitalization of $97,990.00, a price-to-earnings ratio of 14.97, a PEG ratio of 1.08 and a beta of 1.65.
Morgan Stanley (NYSE:MS) last posted its quarterly earnings data on Tuesday, October 17th. The financial services provider reported $0.93 EPS for the quarter, beating the Zacks’ consensus estimate of $0.81 by $0.12. Morgan Stanley had a net margin of 16.76% and a return on equity of 10.07%. The business had revenue of $9.20 billion for the quarter, compared to analyst estimates of $9.05 billion. During the same quarter last year, the business earned $0.80 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. analysts forecast that Morgan Stanley will post 3.58 EPS for the current year.
A number of equities analysts have issued reports on the stock. Societe Generale cut shares of Morgan Stanley from a “buy” rating to a “hold” rating in a report on Tuesday. Atlantic Securities raised shares of Morgan Stanley from a “neutral” rating to an “overweight” rating and set a $61.00 target price on the stock in a report on Wednesday. UBS Group raised shares of Morgan Stanley to an “overweight” rating in a report on Wednesday. Oppenheimer reissued a “hold” rating on shares of Morgan Stanley in a report on Tuesday, October 17th. Finally, JPMorgan Chase & Co. set a $53.00 price target on shares of Morgan Stanley and gave the company a “buy” rating in a research note on Friday, September 15th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $53.11.
In related news, insider Keishi Hotsuki sold 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $50.00, for a total transaction of $1,250,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, President Thomas Colm Kelleher sold 40,000 shares of the firm’s stock in a transaction that occurred on Monday, October 23rd. The shares were sold at an average price of $50.59, for a total transaction of $2,023,600.00. Following the transaction, the president now owns 692,037 shares in the company, valued at approximately $35,010,151.83. The disclosure for this sale can be found here. Insiders have sold 85,247 shares of company stock worth $4,284,364 in the last quarter. Company insiders own 0.24% of the company’s stock.
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About Morgan Stanley
Morgan Stanley is a financial holding company. The Company’s segments include Institutional Securities, Wealth Management and Investment Management. The Company’s Institutional Securities business segment provides investment banking, sales and trading, and other services to corporations, governments, financial institutions and high-to-ultra high net worth clients.
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